According to a recent announcement made on the company’s official X account, a new stablecoin named RLUSD will be launched by the end of the year. Ripple USD (RLUSD) will be fully backed by the US dollar. The stablecoin, which will be launched on the Ethereum and XRP Ledger networks, along with today’s AXL partnership, indicates that the end of the lawsuit may be near. Access NEWSLINKER for the most up-to-date technology news.
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